casket business
A few days ago The Pittsburgh Business Times published a feature story on hometown company Matthews International. It’s a very interesting article that goes back into the history of the company and how it has now expanded into a diversified business that casts a shadow in a lot of industries. . . .including Death…
Read More
Funeral Director Daily presents you the final report of our hat trick of financial reports this week. Today we bring you the results of Matthews International’s operations for the period of January thru March 2025 which is the company’s 2nd fiscal quarter of the year. Earlier this week we reported on the same period…
Read More
Funeral Director Daily’s analysis of the Death Care Index (DCI) for the 1st Quarter of 2025 shows that the four public companies that comprise the index held up favorably as a whole when compared against the larger followed indexes such as the Nasdaq, the S&P 500, and the Dow Jones Industrial averages. Editors…
Read More
It didn’t take long for an investment advisor to get a take on what they think about Matthews International’s 4Q Earnings Report of last week. The article from Seeking Alpha’s contributer Valkyrie Trading Society is titled, “Matthews International: Signs of Deleveraging and Margin Improvement”. You can access the article here. Here’s a short…
Read More
Matthews International, which provides memorialization products and cremation solutions among its multi-faceted business segments announced their Fiscal 4th Quarter and Fiscal Year End results last Thursday. Matthews operates on a fiscal year that ends on September 30 of each year. While the company had some positive attributes for the quarter such as…
Read More
The people behind Titan Casket are not afraid of doing things outside the ordinary as compared to how the funeral industry has done things for the past 125 years. I’m guessing that in 1906 when John Hillenbrand purchased the Batesville Coffin Company and changed the name to Batesville Casket Company his customers were the…
Read More
The last year has brought many changes to Death Care as it pertains to those companies that have been operated in the public markets. Both StoneMor and Dignity plc have been taken out of the public realm and into private ownership space and Batesville has been spun-out of Hillenbrand Industries and purchased by…
Read More
Public company Matthews International, with a stake in the death care business, reported their Fiscal Year 2023 First Quarter last week and in doing so reported a company-wide quarter over quarter sales revenue increase of about 2.4%. The entire revenue increase, however, comes from their much heralded investment in the energy storage solutions business.…
Read More
The first sentence from this article in The Star says all that needs to be said about what changes an investor group at Matthews International wants to take place, “Activist investor Barington Capital Group has built a stake in Matthews International Corp and argues the company needs to refresh its board, cut costs and…
Read More
Earlier this summer we brought you this article which brought information that parent company Hillenbrand Industries was contemplating “strategic alternatives” for its Batesville division. Last week Forbes contributing writer Jim Osman expressed in this article his opinion that the Batesville division should be “spun-off” from Hillenbrand in order to unlock “shareholder value”. Osman contends that…
Read More
